About Orion Group (NYSE:ORN)

Orion Group Holdings, Inc., formerly Orion Marine Group, Inc., is engaged in heavy civil construction project management business. The Company specializes in marine construction. It provides a range of heavy civil marine construction services to federal agencies, state and municipal governments, and private commercial and industrial customers. Its heavy civil marine construction and project management services include new construction, dredging, repair and maintenance, and other related specialty services. It provides heavy civil marine construction services on, over and under the water in the continental United States, Alaska, Canada and the Caribbean Basin. It provides heavy civil marine construction services through projects that are obtained primarily through a competitive bid or contract process. It also provides tilt-wall construction services, parking structures, concrete slabs for commercial and institutional applications, curbs, gutters and paving, among other capabilities.

Receive ORN News and Ratings via Email

Sign-up to receive the latest news and ratings for ORN and its competitors with MarketBeat's FREE daily newsletter.

Profitability

Miscellaneous

Orion Group (NYSE:ORN) Frequently Asked Questions

What is Orion Group's stock symbol?

Orion Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORN."

How were Orion Group's earnings last quarter?

Orion Group Holdings Inc (NYSE:ORN) announced its quarterly earnings results on Wednesday, November, 8th. The construction company reported ($0.18) EPS for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.25. The construction company had revenue of $140.20 million for the quarter, compared to the consensus estimate of $166.08 million. Orion Group had a negative net margin of 2.76% and a negative return on equity of 2.96%. The business's revenue for the quarter was down 14.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.17 EPS. View Orion Group's Earnings History.

Where is Orion Group's stock going? Where will Orion Group's stock price be in 2018?

4 brokers have issued 1-year target prices for Orion Group's stock. Their forecasts range from $7.00 to $10.00. On average, they expect Orion Group's share price to reach $9.25 in the next twelve months. View Analyst Ratings for Orion Group.

What are Wall Street analysts saying about Orion Group stock?

Here are some recent quotes from research analysts about Orion Group stock:

1. According to Zacks Investment Research, "Orion Group Holdings, Inc. is a construction company which provides services on and off the water primarily in the continental United States, Alaska, Canada and the Caribbean Basin. The company's operating segment consists of heavy civil marine construction segment and commercial concrete segment. Heavy civil marine construction segment services includes marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design and specialty services. Commercial concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar and mesh across the light commercial, structural and other associated business areas. Orion Group Holdings, Inc., formerly known as Orion Marine Group Inc., is headquartered in Houston, Texas. " (2/13/2018)

2. Canaccord Genuity analysts commented, "We hosted senior management of ORN for a day of meetings in Boston. Interest was high, and while we continue to expect some near-term weakness for the stock once 2017 guidance is reduced, pressure could be short-lived considering dredging and reconstruction opportunities. Nevertheless, we prefer to get the number cut out of the way prior to any potential upgrade, and remain HOLD for now. Investment highlights We continue to await an update to Q3/17 results and anticipate both a near-term drag to revenues and profits with approximately 85% of the business impacted by hurricane- related delays in some capacity (with some delays as long as 3.5 weeks)." (10/18/2017)

3. FBR & Co analysts commented, "On May 4, Orion Group announced mixed 1Q results, including better-than- expected revenue, lower EBITDA, and an in-line loss per share on a gain on equipment sales. The marine construction segment was negatively impacted by customer-related delays, while the concrete segment had meaningful improvement in operating profit due to the timing and mix of projects. Backlog of $395 million increased 3% YOY with growth coming from the marine segment, and low bid awards subsequent to the end of the quarter were $41 million. The bids outstanding and bid pipeline remain strong across both of ORN’s segments. The company also acquired Tony Bagliore Concrete (TBC) in April, which generated $32 million in revenue in 2016. This acquisition expands Orion’s concrete services to Central Texas (Austin) and is expected to be neutral to slightly accretive to EPS in 2017. We are adjusting our estimates for 1Q results and the TBC acquisition, leaving 2017 EBITDA at $55 million and raising 2018 EBITDA to $67 million (from $65 million)." (5/5/2017)

Who sold Orion Group stock? Who is selling Orion Group stock?

Orion Group's stock was sold by a variety of institutional investors in the last quarter, including Van Den Berg Management I Inc., Renaissance Technologies LLC, Guggenheim Capital LLC, Arrowstreet Capital Limited Partnership, Macquarie Group Ltd., OppenheimerFunds Inc., QS Investors LLC and TIAA CREF Investment Management LLC. Company insiders that have sold Orion Group company stock in the last year include Austin J Shanfelter, Christopher James Dealmeida, Larry Dwayne Breaux and Mark R Stauffer. View Insider Buying and Selling for Orion Group.

How do I buy Orion Group stock?

Shares of Orion Group can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Orion Group's stock price today?

One share of Orion Group stock can currently be purchased for approximately $7.12.

How big of a company is Orion Group?

Orion Group has a market capitalization of $200.78 million and generates $578.24 million in revenue each year. The construction company earns $-3,620,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis. Orion Group employs 1,100 workers across the globe.

MarketBeat Community Rating for Orion Group (ORN)

MarketBeat's community ratings are surveys of what our community members think about Orion Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Orion Group (NYSE:ORN) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.